940 Form

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Definition: 940 Form

940 Form
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Full Definition of 940 Form

Employer’s Annual Federal Unemployment (FUTA) Tax Return. This form is the federal unemployment tax annual report. The form calculates an employer’s federal unemployment tax liability. It will then adjust for any state unemployment taxes that are paid, as well as the unemployment tax that is due. The form will then compare the unemployment tax that is due for the year to the tax that has already been paid. The employer will then be required to pay the underpaid amount of tax.

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https://payrollheaven.com/define/940-form/
Modern Language Association (MLA):
940 Form. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 04, 2025 https://payrollheaven.com/define/940-form/.
Chicago Manual of Style (CMS):
940 Form. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/940-form/ (accessed: March 04, 2025).
American Psychological Association (APA):
940 Form. PayrollHeaven.com. Retrieved March 04, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/940-form/

Definition Sources

Definitions for 940 Form are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.